Tokyo, May 25, 2012 - (JCN Newswire) - Showa Denko K.K. (SDK) has decided to strengthen its business in China related to high-purity gases for electronics, using its wholly owned subsidiary Shanghai Showa Electronics Materials Co., Ltd. (SSE).
SDK has so far been producing and selling equipment for treating used high-purity gases through Shanghai Showa Specialty Purification Co., Ltd. (SSS), a joint venture with Shanghai Synica Co., Ltd., of China. (The equipment purifies exhaust gas resulting from the production of semiconductors and LCD panels.)
To further strengthen the business, SDK has decided to have SSE take over the business from SSS. SSE is scheduled to start operations in August this year, and SSS will terminate its operations at the same time.
In addition to the existing business of SSS, SSE will expand its operations in the future, covering production, sale, and distribution of high-purity gases for the Chinese electronics industry.
SDK aims to strengthen its electronic chemicals business, using SSE as its center in China.
Profile of Shanghai Showa Electronics Materials Co., Ltd.
Head office: Jinshan District, Shanghai, China
Capital stock: RMB19.63 million
Establishment: October 2010
Commencement of operations: Scheduled for August 2012
Ownership: Owned 100% by SDK
Scope of business: Production and regeneration of scrubbers for treating used high-purity gases for electronics; sale and after-sale service for the product
Chairman: Kohei Morikawa (General Manager, Electronic Chemicals Division, Chemicals Sector, SDK)
About Showa Denko
Showa Denko K.K. ('SDK'; TSE: 4004, US: SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. SDK makes petrochemicals (ethylene, propylene), aluminum products (ingots, rods), electronic equipment (hard disks for computers) and inorganic materials (ceramics, carbons). The company has overseas operations and a joint venture with Netherlands-based Montell and Nippon Petrochemicals to make and market polypropylenes. In March 2001, SDK merged with Showa Denko Aluminum Corporation to strengthen the high-value-added fabricated aluminum products operations, and is today developing next-generation optical communications-use wafers. For more information, please visit www.sdk.co.jp .
Contact:
Showa Denko K.K. (SDK)
IR & PR Office
Tel: +81-3-5470-3235
May 25, 2012
Source: Showa Denko
Showa Denko (TSE: 4004) (U.S: SHWDF)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Increase Production
View more news from these Sectors: Chemicals
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